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  • Retail brand Muji opens first hotel with China site 01.19.2018

    Ryohin Keikaku expanded the Muji brand name into the hotel business Thursday, January 18 with the opening of lodgings in Shenzhen, as the Japanese household goods purveyor seeks a stronger presence in its focus market of China. Another Muji hotel will open in Beijing during the spring, and Japan will receive its first location in Tokyo's upscale Ginza shopping district in 2019.>>

  • Clean sheets, cleansed soul 01.19.2018

    Tourists to Japan will soon have a much wider selection of places to stay, as a law deregulating vacation rentals takes effect on June 15, opening up lodging options that go way beyond hotels.>>

  • Hulic seen logging seventh straight record profit 01.19.2018

    Hulic's pretax profit is likely to rise 10% in the year through December 2018, driven by growth in the Japanese real estate group's rental property base. Group pretax profit is seen reaching about 68 billion yen [$614 million] to mark a seventh straight record year, based on last year's expected tally. Revenue from operations is likely to grow by around 10% from the 280 billion yen forecast for 2017. >>

  • Tsukiji move delay clouds Tokyo waterfront plans 01.19.2018

    The delay in moving Tokyo's iconic Tsukiji fish market, one of the largest wholesale fish markets in the world, is jeopardizing plans to redevelop Tokyo's waterfront into a vibrant residential district.>>

  • Japan sets another record year for foreign visitors at 28m 01.12.2018

    Japan received a record number of overseas visitors in 2017 for the fifth straight year, with the greatest growth coming from Asian countries, where low-cost air carriers are expanding service.>>

  • Japan's oldest resort hotel going back to its international roots 01.12.2018

    The historic Nikko Kanaya Hotel, the oldest Western-style resort hotel in Japan, is going back to its roots and making a new push to attract foreign guests. Three branches of the original family business are coming together to promote its venerated name. >>

  • Foreign hotel chains race to tap tourism boom in Japan 01.12.2018

    Big-name foreign hotel chains are rushing to expand their presence in Japan amid optimism by the nation's booming tourism industry that good times will last beyond the Tokyo Olympics Games in 2020.>>

  • Nishimatsu lifting investment in Tokyo office tower 01.12.2018

    Nishimatsu Construction is greatly raising its stake in an office skyscraper project in central Tokyo, taking advantage of strong earnings to diversify its income streams ahead of an eventual decline in redevelopment demand. The Japanese builder will pour an extra 23 billion yen [$204 million] into the tentatively named Toranomon Hills Business Tower, bringing its total investment to about 30 billion yen. >>

  • New funds turn Kyoto's aging town houses into inns 01.05.2018

    For investors who want an unusual place to put their money, how about helping to spruce up a machiya in Kyoto, the ancient capital of Japan? The traditional wooden town houses -- those in Kyoto are often called kyomachiya -- are fast disappearing. In the seven years through March 2017, 5,600 were demolished, according to the city government. >>

  • Tokyo's new rental office supply seen tripling in 2018 01.05.2018

    With a string of new large office building projects slated for completion, three times as much new office space is expected to hit the market in central Tokyo this year, possibly causing the office vacancy rate to stop falling for the first time in seven years.>>

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